Article: business forum; We have a stake in Detroit Three's woes; Bankruptcies and bailouts alone won't solve the problems facing U.S. auto companies - or the nation.(BUSINESS INSIDER)

Byline: Fred Zimmerman

It is with great sadness that I read about the plight of the U.S. auto industry, where I have spent much time. Though some coverage seems useful, the flippant recommendations, often made by people who have never walked a factory floor, surprise me because of their brazen simplicity. "Bankruptcy is the best option for GM," a Wall Street Journal editorial written by a former Northwest Airlines executive said in November. Consider the source. I take no position on the bailout of this important industry. The problems extend well beyond the auto industry itself. Only a major restructuring of finance, insurance, services and government - as well ...

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